4701 Old Dominion DrArlington, VA 22207

Property Details for 4701 Old Dominion Dr

Year built

1979

Lot size

0.35 AC

Property size (Sq ft)

6,230 SF

Zone code

R-6/C-2

Property type

Office properties

APN

05-032-005

APU

5032005

Description

This exceptional 0.35-acre property located at 4701 Old Dominion in Arlington, Virginia, presents a unique opportunity for office development or redevelopment. The site's prominent location offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a high-profile presence in a thriving commercial area. While the square footage is currently unavailable, the substantial 0.35-acre lot provides ample space for a variety of development possibilities, accommodating a range of building sizes and configurations. The property's address in Arlington, VA, places it within a dynamic and convenient location, offering easy access to major transportation arteries, including highways and public transit, ensuring seamless commutes for employees and clients. The surrounding area boasts a vibrant mix of businesses, residential communities, and amenities, creating a desirable environment for both employees and customers. This property is being offered at a price to be determined, reflecting its significant potential and prime location. Interested parties are encouraged to conduct their own due diligence to assess the property's suitability for their specific needs and development plans. The absence of a listed square footage necessitates a site visit and further investigation to determine the optimal use and development potential of this valuable Arlington property. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $1,513,070

  6.5%

  $1,396,680

  7%

  $1,296,918

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,005,900

  Geo Method

  $1,040,472

• Alternative Use

  Use

  Valuation

  Residential

  $1,731,884

  Hospitality

  $1,586,396

  Educational

  $1,319,863

  Medical

  $1,365,255

  Retail

  $2,053,120

Location Insight

City

Arlington

County

Arlington

State

Virginia

Latitude

38.899

Longitude

-77.1215

CBSA code

47900

CBSA name

WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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